Understanding Uncertainty

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Understanding Uncertainty

Author : Dennis V. Lindley
Publisher : John Wiley & Sons
ISBN 13 : 0470055472
Total Pages : 268 pages
Book Rating : 4.4/5 (7 download)

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Book Synopsis Understanding Uncertainty by : Dennis V. Lindley

Download or read book Understanding Uncertainty written by Dennis V. Lindley and published by John Wiley & Sons. This book was released on 2006-08-28 with total page 268 pages. Available in PDF, EPUB and Kindle. Book excerpt: A lively and informal introduction to the role of uncertainty and probability in people's lives from an everyday perspective From television game shows and gambling techniques to weather forecasting and the financial markets, virtually every aspect of modern life involves situations in which the outcomes are uncertain and of varying qualities. But as noted statistician Dennis Lindley writes in this distinctive text, "We want you to face up to uncertainty, not hide it away under false concepts, but to understand it and, moreover, to use the recent discoveries so that you can act in the face of uncertainty more sensibly than would have been possible without the skill." Accessibly written at an elementary level, this outstanding text examines uncertainty in various everyday situations and introduces readers to three rules--craftily laid out in the book--that prove uncertainty can be handled with as much confidence as ordinary logic. Combining a concept of utility with probability, the book insightfully demonstrates how uncertainty can be measured and used in everyday life, especially in decision-making and science. With a focus on understanding and using probability calculations, Understanding Uncertainty demystifies probability and: * Explains in straightforward detail the logic of uncertainty, its truths, and its falsehoods * Explores what has been learned in the twentieth century about uncertainty * Provides a logical, sensible method for acting in the face of uncertainty * Presents vignettes of great discoveries made in the twentieth century * Shows readers how to discern if another person--whether a lawyer, politician, scientist, or journalist--is talking sense, posing the right questions, or obtaining sound answers Requiring only a basic understanding of mathematical concepts and operations, Understanding Uncertainty is useful as a text for all students who have probability or statistics as part of their course, even at the most introductory level.

Understanding Uncertainty

Author : Dennis V. Lindley
Publisher : John Wiley & Sons
ISBN 13 : 1118650123
Total Pages : 434 pages
Book Rating : 4.1/5 (186 download)

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Book Synopsis Understanding Uncertainty by : Dennis V. Lindley

Download or read book Understanding Uncertainty written by Dennis V. Lindley and published by John Wiley & Sons. This book was released on 2013-12-16 with total page 434 pages. Available in PDF, EPUB and Kindle. Book excerpt: Praise for the First Edition "...a reference for everyone who is interested in knowing and handling uncertainty." —Journal of Applied Statistics The critically acclaimed First Edition of Understanding Uncertainty provided a study of uncertainty addressed to scholars in all fields, showing that uncertainty could be measured by probability, and that probability obeyed three basic rules that enabled uncertainty to be handled sensibly in everyday life. These ideas were extended to embrace the scientific method and to show how decisions, containing an uncertain element, could be rationally made. Featuring new material, the Revised Edition remains the go-to guide for uncertainty and decision making, providing further applications at an accessible level including: A critical study of transitivity, a basic concept in probability A discussion of how the failure of the financial sector to use the proper approach to uncertainty may have contributed to the recent recession A consideration of betting, showing that a bookmaker's odds are not expressions of probability Applications of the book’s thesis to statistics A demonstration that some techniques currently popular in statistics, like significance tests, may be unsound, even seriously misleading, because they violate the rules of probability Understanding Uncertainty, Revised Edition is ideal for students studying probability or statistics and for anyone interested in one of the most fascinating and vibrant fields of study in contemporary science and mathematics.

Risk, Uncertainty and Profit

Author : Frank H. Knight
Publisher : Cosimo, Inc.
ISBN 13 : 1602060053
Total Pages : 401 pages
Book Rating : 4.6/5 (2 download)

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Book Synopsis Risk, Uncertainty and Profit by : Frank H. Knight

Download or read book Risk, Uncertainty and Profit written by Frank H. Knight and published by Cosimo, Inc.. This book was released on 2006-11-01 with total page 401 pages. Available in PDF, EPUB and Kindle. Book excerpt: A timeless classic of economic theory that remains fascinating and pertinent today, this is Frank Knight's famous explanation of why perfect competition cannot eliminate profits, the important differences between "risk" and "uncertainty," and the vital role of the entrepreneur in profitmaking. Based on Knight's PhD dissertation, this 1921 work, balancing theory with fact to come to stunning insights, is a distinct pleasure to read. FRANK H. KNIGHT (1885-1972) is considered by some the greatest American scholar of economics of the 20th century. An economics professor at the University of Chicago from 1927 until 1955, he was one of the founders of the Chicago school of economics, which influenced Milton Friedman and George Stigler.

Modern Trends in Structural and Solid Mechanics 3

Author : Noel Challamel
Publisher : John Wiley & Sons
ISBN 13 : 1786307189
Total Pages : 306 pages
Book Rating : 4.7/5 (863 download)

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Book Synopsis Modern Trends in Structural and Solid Mechanics 3 by : Noel Challamel

Download or read book Modern Trends in Structural and Solid Mechanics 3 written by Noel Challamel and published by John Wiley & Sons. This book was released on 2021-06-29 with total page 306 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book – comprised of three separate volumes – presents the recent developments and research discoveries in structural and solid mechanics; it is dedicated to Professor Isaac Elishakoff. This third volume is devoted to non-deterministic mechanics. Modern Trends in Structural and Solid Mechanics 3 has broad scope, covering topics such: design optimization under uncertainty, interval field approaches, convex analysis, quantum inspired topology optimization and stochastic dynamics. The book is illustrated by many applications in the field of aerospace engineering, mechanical engineering, civil engineering, biomedical engineering and automotive engineering. This book is intended for graduate students and researchers in the field of theoretical and applied mechanics.

Covid By Numbers

Author : David Spiegelhalter
Publisher : Penguin UK
ISBN 13 : 0241541085
Total Pages : 217 pages
Book Rating : 4.2/5 (415 download)

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Book Synopsis Covid By Numbers by : David Spiegelhalter

Download or read book Covid By Numbers written by David Spiegelhalter and published by Penguin UK. This book was released on 2021-10-07 with total page 217 pages. Available in PDF, EPUB and Kindle. Book excerpt: 'I couldn't imagine a better guidebook for making sense of a tragic and momentous time in our lives. Covid by Numbers is comprehensive yet concise, impeccably clear and always humane' Tim Harford How many people have died because of COVID-19? Which countries have been hit hardest by the virus? What are the benefits and harms of different vaccines? How does COVID-19 compare to the Spanish flu? How have the lockdown measures affected the economy, mental health and crime? This year we have been bombarded by statistics - seven day rolling averages, rates of infection, excess deaths. Never have numbers been more central to our national conversation, and never has it been more important that we think about them clearly. In the media and in their Observer column, Professor Sir David Spiegelhalter and RSS Statistical Ambassador Anthony Masters have interpreted these statistics, offering a vital public service by giving us the tools we need to make sense of the virus for ourselves and holding the government to account. In Covid by Numbers, they crunch the data on a year like no other, exposing the leading misconceptions about the virus and the vaccine, and answering our essential questions. This timely, concise and approachable book offers a rare depth of insight into one of the greatest upheavals in history, and a trustworthy guide to these most uncertain of times.

Uncertainty in Remote Sensing and GIS

Author : Giles M. Foody
Publisher : John Wiley & Sons
ISBN 13 : 0470859245
Total Pages : 326 pages
Book Rating : 4.4/5 (78 download)

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Book Synopsis Uncertainty in Remote Sensing and GIS by : Giles M. Foody

Download or read book Uncertainty in Remote Sensing and GIS written by Giles M. Foody and published by John Wiley & Sons. This book was released on 2003-07-11 with total page 326 pages. Available in PDF, EPUB and Kindle. Book excerpt: Remote sensing and geographical information science (GIS) have advanced considerably in recent years. However, the potential of remote sensing and GIS within the environmental sciences is limited by uncertainty, especially in connection with the data sets and methods used. In many studies, the issue of uncertainty has been incompletely addressed. The situation has arisen in part from a lack of appreciation of uncertainty and the problems it can cause as well as of the techniques that may be used to accommodate it. This book provides general overviews on uncertainty in remote sensing and GIS that illustrate the range of uncertainties that may occur, in addition to describing the means of measuring uncertainty and the impacts of uncertainty on analyses and interpretations made. Uncertainty in Remote Sensing and GIS provides readers with comprehensive coverage of this largely undocumented subject: * Relevant to a broad variety of disciplines including geography, environmental science, electrical engineering and statistics * Covers range of material from base overviews to specific applications * Focuses on issues connected with uncertainty at various points along typical data analysis chains used in remote sensing and GIS Written by an international team of researchers drawn from a variety of disciplines, Uncertainty in Remote Sensing and GIS provides focussed discussions on topics of considerable importance to a broad research and user community. The book is invaluable reading for researchers, advanced students and practitioners who want to understand the nature of uncertainty in remote sensing and GIS, its limitations and methods of accommodating it.

Uncertainty

Author : William Briggs
Publisher : Springer
ISBN 13 : 3319397567
Total Pages : 258 pages
Book Rating : 4.3/5 (193 download)

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Book Synopsis Uncertainty by : William Briggs

Download or read book Uncertainty written by William Briggs and published by Springer. This book was released on 2016-07-15 with total page 258 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book presents a philosophical approach to probability and probabilistic thinking, considering the underpinnings of probabilistic reasoning and modeling, which effectively underlie everything in data science. The ultimate goal is to call into question many standard tenets and lay the philosophical and probabilistic groundwork and infrastructure for statistical modeling. It is the first book devoted to the philosophy of data aimed at working scientists and calls for a new consideration in the practice of probability and statistics to eliminate what has been referred to as the "Cult of Statistical Significance." The book explains the philosophy of these ideas and not the mathematics, though there are a handful of mathematical examples. The topics are logically laid out, starting with basic philosophy as related to probability, statistics, and science, and stepping through the key probabilistic ideas and concepts, and ending with statistical models. Its jargon-free approach asserts that standard methods, such as out-of-the-box regression, cannot help in discovering cause. This new way of looking at uncertainty ties together disparate fields — probability, physics, biology, the “soft” sciences, computer science — because each aims at discovering cause (of effects). It broadens the understanding beyond frequentist and Bayesian methods to propose a Third Way of modeling.

Toward a Psychology of Uncertainty

Author : Doris Brothers
Publisher : Taylor & Francis
ISBN 13 : 1135469024
Total Pages : 239 pages
Book Rating : 4.1/5 (354 download)

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Book Synopsis Toward a Psychology of Uncertainty by : Doris Brothers

Download or read book Toward a Psychology of Uncertainty written by Doris Brothers and published by Taylor & Francis. This book was released on 2011-04-12 with total page 239 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since trauma is a thoroughly relational phenomenon, it is highly unpredictable, and cannot be made to fit within the scientific framework Freud so admired. In Toward a Psychology of Uncertainty: Trauma-Centered Psychoanalysis, Doris Brothers urges a return to a trauma-centered psychoanalysis. Making use of relational systems theory, she shows that experiences of uncertainty are continually transformed by the regulatory processes of everyday life such as feeling, knowing, forming categories, making decisions, using language, creating narratives, sensing time, remembering, forgetting, and fantasizing. Insofar as trauma destroys the certainties that organize psychological life, it plunges our relational systems into chaos and sets the stage for the emergence of rigid, life-constricting relational patterns. These trauma-generated patterns, which often involve denial of sameness and difference, the creation of complexity-reducing dualities, and the transformation of certainty into certitude, figure prominently in virtually all of the complaints for which patients seek analytic treatment. Analysts, she claims, are no more strangers to trauma than are their patients. Using in-depth clinical illustrations, Dr. Brothers demonstrates how a mutual desire to heal and to be healed from trauma draws patients and analysts into their analytic relationships. She recommends the reconceptualization of what has heretofore been considered transference and countertransference in terms of the transformation of experienced uncertainty. In her view the increased ability of both analytic partners to live with uncertainty is the mark of a successful treatment. Dr. Brothers’ perspective sheds fresh light on a variety of topics of great general interest to analysts as well as many of their patients, such as gender, the acceptance of death, faith, cult-like training programs, and burnout. Her discussions of these topics are enlivened by references to contemporary cinema and theatre.

Uncertainty

Author : Kostas Kampourakis
Publisher : Oxford University Press, USA
ISBN 13 : 0190871660
Total Pages : 273 pages
Book Rating : 4.1/5 (98 download)

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Book Synopsis Uncertainty by : Kostas Kampourakis

Download or read book Uncertainty written by Kostas Kampourakis and published by Oxford University Press, USA. This book was released on 2020 with total page 273 pages. Available in PDF, EPUB and Kindle. Book excerpt: Anti-evolutionists, climate denialists, and anti-vaxxers, among others, question some of the best-established scientific findings by referring to the uncertainties in these areas of research. Uncertainty: How It Makes Science Advance shows that uncertainty is an inherent feature of science that makes it advance by motivating further research.

Understanding the Department of the Interior

Author : Don Philpott
Publisher : Bernan Press
ISBN 13 : 1598887823
Total Pages : 250 pages
Book Rating : 4.5/5 (988 download)

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Book Synopsis Understanding the Department of the Interior by : Don Philpott

Download or read book Understanding the Department of the Interior written by Don Philpott and published by Bernan Press. This book was released on 2016-07-26 with total page 250 pages. Available in PDF, EPUB and Kindle. Book excerpt: Understanding the Department of the Interior reviews many of the major issues handed by the Department of the Interior and impacting the U.S. today. The book aims to present the case, scientific and otherwise, for both sides of all the issues addressed. Areas covered include protection of national lands, environmental issues, the role of the Environmental Protection Agency, the threats posed by mining and drilling on sensitive land, and the debate over renewable energy. It also discusses how best to manage and sustain America’s lands, water, wildlife, and energy resources, honor the nation’s responsibilities to tribal nations, and advocate for America’s island communities. Features: A list of all the major environmental events over the last 100 years. A comprehensive glossary of environmental terms and acronyms About the Series: The Cabinet Series looks at the major departments in the Federal Government explaining why they were created and the responsibilities of each agency and how they conducts their daily business at home and abroad. It helps to explain what federal agencies do and how they affect the lives of citizens.

Managing Uncertainty

Author : Michel Syrett
Publisher : The Economist
ISBN 13 : 1610395131
Total Pages : 170 pages
Book Rating : 4.6/5 (13 download)

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Book Synopsis Managing Uncertainty by : Michel Syrett

Download or read book Managing Uncertainty written by Michel Syrett and published by The Economist. This book was released on 2014-02-25 with total page 170 pages. Available in PDF, EPUB and Kindle. Book excerpt: Managing uncertainty has become a new business imperative. Technological discontinuities, regulatory upheavals, geopolitical shocks, abrupt shifts in consumer tastes or behavior, and many other factors have emerged or intensified in recent years and together conspire to undermine even the most carefully constructed business strategies. Managing Uncertainty: Strategies for Surviving and Thriving in Turbulent Times addresses these new challenges, assessing the sources of business turbulence, how to classify uncertainty, and the different ways in which uncertainty can be embraced to allow greater innovation and growth. Drawing on examples from around the world, the book presents the most recent ideas on what it means to manage uncertainty, from practitioners, academics, and consultants. • Addresses the challenges of managing uncertainty in business • Presents a step-by-step guide to managing business uncertainty • Draws examples from major international companies, including Intel, Procter & Gamble, Siemens, Boeing, Quinetiq, Philips, China Telecom, Ford, Apple, Shell, Glaxo SmithKline and many more Written for business leaders and managers looking for new ways to ensure that their businesses continue to thrive in a world of increasing complexity, Managing Uncertainty presents new and innovative ideas about reducing risk by understanding difficult-to-predict shifts.

The Uncertainty Mindset

Author : Vaughn Tan
Publisher : Columbia University Press
ISBN 13 : 0231551878
Total Pages : 296 pages
Book Rating : 4.2/5 (315 download)

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Book Synopsis The Uncertainty Mindset by : Vaughn Tan

Download or read book The Uncertainty Mindset written by Vaughn Tan and published by Columbia University Press. This book was released on 2020-07-28 with total page 296 pages. Available in PDF, EPUB and Kindle. Book excerpt: Innovation is how businesses stay ahead of the competition and adapt to market conditions that change in unpredictable and uncertain ways. In the first decade of the twenty-first century, high-end cuisine underwent a profound transformation. Once an industry that prioritized consistency and reliability, it turned into one where constant change was a competitive necessity. A top restaurant’s reputation and success have become so closely bound up with its ability to innovate that a new organizational form, the culinary research and development team, has emerged. The best of these R&D teams continually expand the frontiers of food—they invent a constant stream of new dishes, new cooking processes and methods, and even new ways of experiencing food. How do they achieve this nonstop novelty? And what can culinary research and development teach us about how organizations innovate? Vaughn Tan opens up the black box of elite culinary R&D to provide essential insights. Drawing on years of unprecedented access to the best and most influential culinary R&D teams in the world, he reveals how they exemplify what he calls the uncertainty mindset. Such a mindset intentionally incorporates uncertainty into organization design rather than simply trying to reduce risk. It changes how organizations hire, set goals, and motivate team members and leads organizations to work in highly unconventional ways. A revelatory look at the R&D kitchen, The Uncertainty Mindset upends conventional wisdom about how to organize for innovation and offers practical insights for businesses trying to become innovative and adaptable.

Principles of Uncertainty

Author : Joseph B. Kadane
Publisher : CRC Press
ISBN 13 : 1351683357
Total Pages : 497 pages
Book Rating : 4.3/5 (516 download)

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Book Synopsis Principles of Uncertainty by : Joseph B. Kadane

Download or read book Principles of Uncertainty written by Joseph B. Kadane and published by CRC Press. This book was released on 2020-11-25 with total page 497 pages. Available in PDF, EPUB and Kindle. Book excerpt: Praise for the first edition: Principles of Uncertainty is a profound and mesmerising book on the foundations and principles of subjectivist or behaviouristic Bayesian analysis. ... the book is a pleasure to read. And highly recommended for teaching as it can be used at many different levels. ... A must-read for sure! —Christian Robert, CHANCE It's a lovely book, one that I hope will be widely adopted as a course textbook. —Michael Jordan, University of California, Berkeley, USA Like the prize-winning first edition, Principles of Uncertainty, Second Edition is an accessible, comprehensive text on the theory of Bayesian Statistics written in an appealing, inviting style, and packed with interesting examples. It presents an introduction to the subjective Bayesian approach which has played a pivotal role in game theory, economics, and the recent boom in Markov Chain Monte Carlo methods. This new edition has been updated throughout and features new material on Nonparametric Bayesian Methods, the Dirichlet distribution, a simple proof of the central limit theorem, and new problems. Key Features: First edition won the 2011 DeGroot Prize Well-written introduction to theory of Bayesian statistics Each of the introductory chapters begins by introducing one new concept or assumption Uses "just-in-time mathematics"—the introduction to mathematical ideas just before they are applied

Reckoning with Risk

Author : Gerd Gigerenzer
Publisher : Penguin UK
ISBN 13 : 0140297863
Total Pages : 239 pages
Book Rating : 4.1/5 (42 download)

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Book Synopsis Reckoning with Risk by : Gerd Gigerenzer

Download or read book Reckoning with Risk written by Gerd Gigerenzer and published by Penguin UK. This book was released on 2003-04-24 with total page 239 pages. Available in PDF, EPUB and Kindle. Book excerpt: Are ordinary people able to reason with risk? Detailing case histories and examples, this text presents readers with tools for understanding statistics. In so doing, it encourages us to overcome our innumeracy and empowers us to take responsibility for our own choices.

Uncertainty: A Catalyst for Creativity, Learning and Development

Author : Ronald A. Beghetto
Publisher : Springer Nature
ISBN 13 : 3030987299
Total Pages : 356 pages
Book Rating : 4.0/5 (39 download)

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Book Synopsis Uncertainty: A Catalyst for Creativity, Learning and Development by : Ronald A. Beghetto

Download or read book Uncertainty: A Catalyst for Creativity, Learning and Development written by Ronald A. Beghetto and published by Springer Nature. This book was released on 2022-07-18 with total page 356 pages. Available in PDF, EPUB and Kindle. Book excerpt: This edited volume brings together a group of international researchers and theorists from various intellectual and analytic traditions to explore the role uncertainty plays in creativity, learning, and development. Contributors to this volume draw on existing programs of research as well as introduce new and even speculative directions for research, theory and practice. Learning and life are filled with uncertainty. Although the experience of uncertainty can cause emotional discomfort or cognitive rigidity, uncertainty serves as a catalyst and condition for change. In this way, uncertainty represents a core facet in the interrelationship among creativity, learning, and development. Considerations for both the benefits and potential costs of uncertainty will be addressed in this volume with an aim of understanding how uncertainty can be better understood in light of creativity, learning, and development. Taken together this volume stands to contribute to our collective understanding of the role that uncertainty plays in learning and life and highlights how conceptualizing and studying uncertainty in new ways can promote positive and lasting change.

Uncertainty in Games

Author : Greg Costikyan
Publisher : MIT Press
ISBN 13 : 0262527537
Total Pages : 150 pages
Book Rating : 4.2/5 (625 download)

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Book Synopsis Uncertainty in Games by : Greg Costikyan

Download or read book Uncertainty in Games written by Greg Costikyan and published by MIT Press. This book was released on 2015-01-30 with total page 150 pages. Available in PDF, EPUB and Kindle. Book excerpt: How uncertainty in games—from Super Mario Bros. to Rock/Paper/Scissors—engages players and shapes play experiences. In life, uncertainty surrounds us. Things that we thought were good for us turn out to be bad for us (and vice versa); people we thought we knew well behave in mysterious ways; the stock market takes a nosedive. Thanks to an inexplicable optimism, most of the time we are fairly cheerful about it all. But we do devote much effort to managing and ameliorating uncertainty. Is it any wonder, then, asks Greg Costikyan, that we have taken this aspect of our lives and transformed it culturally, making a series of elaborate constructs that subject us to uncertainty but in a fictive and nonthreatening way? That is: we create games. In this concise and entertaining book, Costikyan, an award-winning game designer, argues that games require uncertainty to hold our interest, and that the struggle to master uncertainty is central to their appeal. Game designers, he suggests, can harness the idea of uncertainty to guide their work. Costikyan explores the many sources of uncertainty in many sorts of games—from Super Mario Bros. and Dungeons & Dragons to Rock/Paper/Scissors, from Monopoly to CityVille, from FPS Deathmatch play to Chess. He describes types of uncertainty, including performative uncertainty, analytic complexity, and narrative anticipation. And he suggests ways that game designers who want to craft novel game experiences can use an understanding of game uncertainty in its many forms to improve their designs.

Uncertainty and Surprise in Complex Systems

Author : Reuben R. McDaniel
Publisher : Springer Science & Business Media
ISBN 13 : 9783540237730
Total Pages : 220 pages
Book Rating : 4.2/5 (377 download)

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Book Synopsis Uncertainty and Surprise in Complex Systems by : Reuben R. McDaniel

Download or read book Uncertainty and Surprise in Complex Systems written by Reuben R. McDaniel and published by Springer Science & Business Media. This book was released on 2005-03-11 with total page 220 pages. Available in PDF, EPUB and Kindle. Book excerpt: Complexity science has been a source of new insight in physical and social systems and has demonstrated that unpredictability and surprise are fundamental aspects of the world around us. This book is the outcome of a discussion meeting of leading scholars and critical thinkers with expertise in complex systems sciences and leaders from a variety of organizations, sponsored by the Prigogine Center at The University of Texas at Austin and the Plexus Institute, to explore strategies for understanding uncertainty and surprise. Besides contributions to the conference, it includes a key digest by the editors as well as a commentary by the late nobel laureate Ilya Prigogine, "Surprises in half of a century". The book is intended for researchers and scientists in complexity science, as well as for a broad interdisciplinary audience of both practitioners and scholars. It will well serve those interested in the research issues and in the application of complexity science to physical and social systems.